Dynamic price competition in aftermarkets with network effects

DOI10.1016/j.jmateco.2013.10.002zbMath1284.91158OpenAlexW2075483976MaRDI QIDQ2441211

Joana Resende, Didier Laussel

Publication date: 24 March 2014

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2013.10.002

zbMATH Keywords

differential gamesaftermarketsnetwork effectslinear Markov perfect equilibrium

Mathematics Subject Classification ID

Differential games (aspects of game theory) (91A23) Microeconomic theory (price theory and economic markets) (91B24) Linear-quadratic optimal control problems (49N10) Special types of economic markets (including Cournot, Bertrand) (91B54)

Related Items (6)

Dynamic pricing of network goods in duopoly markets with boundedly rational consumers ⋮ Oligopoly with network effects: firm-specific versus single network ⋮ Conformity-based behavior and the dynamics of price competition: a new rationale for fashion shifts ⋮ A complete characterization of equilibria in an intrinsic common agency screening game ⋮ Super- and submodularity of stopping games with random observations ⋮ Entry and mergers in oligopoly with firm-specific network effects

Cites Work

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• Network effects, market structure and industry performance
• Snowball: a dynamic oligopoly model with indirect network effects
• Network externalities and long-run market shares
• Continuous stochastic games of capital accumulation with convex transitions
• Dynamic Games of Network Effects
• Dynamic Price Competition with Network Effects
• On Hotelling's "Stability in Competition"
• Markov-Perfect Industry Dynamics: A Framework for Empirical Work

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